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Forex Do you trade during Fed/ECB/BOJ announcements?

Discussion in 'Forex Forum' started by COGSx86, Mar 19, 2015.

  1. COGSx86

    COGSx86 Guest

    Just curious how most go about these days when the FED, ECB or BOJ making big announcements pertaining to monetary policy ?
    Personally because Im a short term trade usually up to 4 hour before an announcement and depending on the announcement after I try to avoid the markets.


    Just curious how other traders go about these days.



    P.S Was trying to do a poll but not sure how. If you know can you PM me, thanks

    Source.
     
  2. TarantulaFX

    TarantulaFX Active Member Founding Member

    Joined:
    Jan 7, 2015
    Likes:
    109
    Occupation:
    Full time FXtrader/mentor/analyst
    Location:
    Belgrade, Serbia
    No. My advice is never do that. The price makes whipsaws and dining board patterns. It can quickly get you out of a good trade.
     

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